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Financial
Distress signals
Property profile

8955 Drennan Rd Colorado Springs, CO 80925

FOR SALE
Distribution centers
Property ID
US13-2794546
42,984 SF 10 ac lot Built 1984
Last sale Aug 2021 · $6,225,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

8955 Drennan Road is a standalone flex/industrial facility located in an established industrial corridor in Colorado Springs, Colorado, on a full 10-acre site. The building is configured for a range of operational uses and includes a combination of dock-high and grade-level loading, 3-phase electrical service, and climate-controlled space. The interior layout provides both office areas and utility/industrial and R&D-ready space, supported by the improvements currently in place, and is suitable for office, R&D, light industrial, or specialized government-oriented operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$82k
Tax billed · 2023
Assessed value$1.04M
Assessed land$89k
Assessed improvement$949k
Effective rate7.87%

Value estimate

· Oct 2026
$5.91M
$5.32M – $6.50M
AI approach$5.98M
CAP approach$7.29M
Submarket $/SF estimate$5.52M
NOI build-up
Gross scheduled income$706k
Vacancy & credit loss−$35k
Operating expenses−$235k
NOI · 7.39% cap applied$436k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$120 – $251
Qualifying comparables4

Cap rate analysis

How does the asset earn?
7.39%
$436k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-2 CAD-O
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.5
Restaurant11.9
Wholesale Shop10.4

Location

8955 Drennan Rd Colorado Springs, CO 80925
County assessor Recorded deeds · 11 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

13 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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